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May 22,2025

VinFast Secures Approval for Second Battery Electric Vehicle Plant in Vietnam

VinFast has received approval to proceed with its Battery Electric Vehicle (BEV) Project in Vietnam's Vũng Áng Economic Zone, Hà Tĩnh Province. With an investment of VND 6 trillion (US$ 231 million), VinFast will produce electric vehicles, motorcycles, and bicycles, including models like VF3 and VF5.

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